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The U.S. sanctions on Iran, that took effect on the fifth of this month, include, basically, the sectors of transportation, banking and energy.Thus, if the SPV proves to be effective in reducing the effect of the American sanctions on Iran, especially that China and Russia are said to be interested in joining it, it would not be too unlikely that the U.S. would impose sanctions on the SPV itself, creating further rift between Europe and the Unites States.Syria might be another area where the ripple effect of the Iran sanctions will be felt. Lebanon will also feel the ripple effect of the Iran sanctions. It is true that Hezbollah has been under increasing American sanctions without much effect on the economy of the country or its political and financial stability, but this is only because the United States has made sure that these sanctions do not have such an effect. Europe's relations with the United States, the Russian-American relations in Syria and the outcome of the Syrian civil war, as well as the long-term stability of Lebanon, are certainly not the only issues that will be affected by the American sanctions on Iran.
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